Daily Economy
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Virus Avoidance Is Not the Whole of Life
“We are far from triumphing over the oppression inflicted upon us by politicians and so-called experts, but refusing to give into their absurd dictates is the only path to victory. The more of us who reject the idea that avoiding the coronavirus should inform virtually every aspect of life, the harder it will be for…
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Consumer Sentiment Posts Surprising Gain in Early December
“Consumer sentiment surprised on the upside in early December, but renewed government restrictions may drag the economy down in coming months. The outlook remains highly tenuous.” – Robert Hughes
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Covid, Lockdowns, & Long-Term Care: State Comparisons
“While nursing homes await the arrival of the vaccine within the next few weeks, the data still speaks to the importance of protecting the elderly in the meantime. The focused protection of nursing homes and promotion of low-risk individuals’ carrying out life as normal both lower the unintended consequences of the pandemic while still keeping…
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The Bureaucratic Deal Got Us Into This Mess. The Bourgeois Deal Will Get Us Out
“When our children and grandchildren look back on 2020, I hope they see how much of it probably could have been avoided had we embraced the Bourgeois Deal rather than the Bureaucratic Deal in the face of Covid-19. A lot more people probably would have lived to tell about it. Or better yet, had vaccines…
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The “Expert Consensus” Also Favored Alcohol Prohibition
“Most people today regard America’s experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. In 1920, however, to be for the repeal of the prohibition that was passed took courage. You were arguing against prevailing opinion backed by celebratory scientists…
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The Problem of Systematic Corruption
“What is to be done? We have to keep the promise of liberty, especially of voluntary association and competitive markets, alive and remember that no matter how bad things get, the solution to most of our problems, radically smaller government and greatly increased economic freedom, can always be implemented tomorrow, one way or another.” ~…
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HeterosKedasticity or HeterosCedasticity, That Is the Question
“The deviation of the real world from normal gives opportunity for improvement, if we are able to take advantage of positive deviations and minimize the harm of negative deviations. If we can do that, things don’t average out. Progress can come out of the filtering of randomness. Our worth, as individuals, comes not merely how…
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Weekly Initial Claims for Unemployment Benefits Jump to an Eleven-Week High
“Initial claims for unemployment benefits rose again, sustaining doubts about the durability of the recovery.” – Robert Hughes
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More Mixed Signals for Labor Market
“Job openings and layoffs both rose in October, suggesting a mixed picture for the labor market. With new restrictions on the rise, the outlook remains highly uncertain.” – Robert Hughes
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“We Hadn’t Really Thought Through the Economic Impacts” ~ Melinda Gates
“The authors of the Great Barrington Declaration never had any doubt that eventually most everyone would come to see that the traditional principles of public health prevail over the previously untested and now failed policy of lockdowns.” ~Jeffrey A. Tucker
-
•
Virus Avoidance Is Not the Whole of Life
“We are far from triumphing over the oppression inflicted upon us by politicians and so-called experts, but refusing to give into their absurd dictates is the only path to victory. The more of us who reject the idea that avoiding the coronavirus should inform virtually every aspect of life, the harder it will be for…
-
•
Consumer Sentiment Posts Surprising Gain in Early December
“Consumer sentiment surprised on the upside in early December, but renewed government restrictions may drag the economy down in coming months. The outlook remains highly tenuous.” – Robert Hughes
-
•
Covid, Lockdowns, & Long-Term Care: State Comparisons
“While nursing homes await the arrival of the vaccine within the next few weeks, the data still speaks to the importance of protecting the elderly in the meantime. The focused protection of nursing homes and promotion of low-risk individuals’ carrying out life as normal both lower the unintended consequences of the pandemic while still keeping…
-
•
The Bureaucratic Deal Got Us Into This Mess. The Bourgeois Deal Will Get Us Out
“When our children and grandchildren look back on 2020, I hope they see how much of it probably could have been avoided had we embraced the Bourgeois Deal rather than the Bureaucratic Deal in the face of Covid-19. A lot more people probably would have lived to tell about it. Or better yet, had vaccines…
-
•
The “Expert Consensus” Also Favored Alcohol Prohibition
“Most people today regard America’s experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. In 1920, however, to be for the repeal of the prohibition that was passed took courage. You were arguing against prevailing opinion backed by celebratory scientists…
-
•
The Problem of Systematic Corruption
“What is to be done? We have to keep the promise of liberty, especially of voluntary association and competitive markets, alive and remember that no matter how bad things get, the solution to most of our problems, radically smaller government and greatly increased economic freedom, can always be implemented tomorrow, one way or another.” ~…
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•
HeterosKedasticity or HeterosCedasticity, That Is the Question
“The deviation of the real world from normal gives opportunity for improvement, if we are able to take advantage of positive deviations and minimize the harm of negative deviations. If we can do that, things don’t average out. Progress can come out of the filtering of randomness. Our worth, as individuals, comes not merely how…
-
•
Weekly Initial Claims for Unemployment Benefits Jump to an Eleven-Week High
“Initial claims for unemployment benefits rose again, sustaining doubts about the durability of the recovery.” – Robert Hughes
-
•
More Mixed Signals for Labor Market
“Job openings and layoffs both rose in October, suggesting a mixed picture for the labor market. With new restrictions on the rise, the outlook remains highly uncertain.” – Robert Hughes
-
•
“We Hadn’t Really Thought Through the Economic Impacts” ~ Melinda Gates
“The authors of the Great Barrington Declaration never had any doubt that eventually most everyone would come to see that the traditional principles of public health prevail over the previously untested and now failed policy of lockdowns.” ~Jeffrey A. Tucker